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The growing problem of skimming from ATM machines in New Zealand has led to an industry response to get ahead of the "techie" thieves.
ATM technology company ITS yesterday announced a conference would be held in Auckland early in 2009 in an attempt to find answers to the ATM security problem.
"With the ATM skimming hitting the headlines in recent weeks in New Zealand, the problem of keeping customers' information secure is a hot topic."
It said skimming of card data at ATMs was a massive problem globally.
In Britain, skimming fraud had been estimated to cost more than 140 million ($370 million) each year.
Last month 400 customers using the ANZ National Bank's ATM in Ward St, Hamilton, had their cards' electronic details copied by an electronic reader attached to the machine. The criminals kept watch for Pin numbers, which they later used to steal cash from accounts.
- NZPA
